* U.S. CPI slightly above expectations. * * Market views for 25-bp Fed rate cut in November choppy. By Chuck Mikolajczak. Global stocks were little changed while longer-dated U.S. Treasury yields edged up in choppy trading on Thursday as investors weighed the interest rate path from the Federal Reserve after economic data and comments from central bank officials.
* U.S. inflation annual rise smallest since February 2021. * U.S. jobless claims rise in latest week. * U.S. yield curve steepens post-data. * U.S. rate futures price in 91% chance of 25-bp cut in November. * U.S. 30-year bond auction shows strong results. By Gertrude Chavez-Dreyfuss.
* U.S. CPI slightly above expectations. * * Market views for 25-bp Fed rate cut in November choppy. By Chuck Mikolajczak. Global stocks fell while longer-dated U.S. Treasury yields rose on Thursday as investors gauged the path of interest rates from the Federal Reserve after data on the labor market and inflation as well as comments from central bank officials.
* U.S. CPI slightly above expectations. * * Market views for 25-bp Fed rate cut in November climb. By Chuck Mikolajczak. Global stocks slipped for the first time in three sessions while shorter-dated U.S. Treasury yields dipped as slightly higher than expected U.S. inflation data and a jump in weekly jobless claims did not diminish expectations the Fed will cut rates in November.
* U.S. inflation annual rise smallest since February 2021. * U.S. jobless claims rise in latest week. * U.S. yield curve steepens post-data. * U.S. rate futures price in 91% chance of 25-bp cut in November. By Gertrude Chavez-Dreyfuss.
* U.S. CPI rises 0.2% m-o-m, 2.4% y-o-y. * Jobless claims surge. * Markets still se 25 bp Fed rate cut in November. * Investors wait on details of China stimulus measures. * Focus on Saturday's briefing on fiscal policy moves. * French budget provides European focus for later in the day. By Alun John.
U.S. Treasury yields were mixed on Thursday, after briefly turning lower across the board in volatile trade as data showed inflation last month came in a little higher than expected, although the annual rise was the lowest since February 2021. Data showed the consumer price index increased 0.2% last month after gaining 0.2% in August.
Japanese government bond yields rose on Thursday, tracking U.S. Treasury yields higher, as the market braced for a further rise in yields after a key U.S inflation report later in the day.
German 10-year yields hit a fresh one-month high on Thursday, tracking moves in U.S. Treasuries after the Federal Reserve minutes and ahead of U.S. inflation data later in the session. U.S. yields rose on Wednesday, as investors continued to price in a less aggressive policy loosening path from the Fed.
Global stocks were little changed while longer-dated U.S. Treasury yields edged up in choppy trading on Thursday as investors weighed the interest rate path from the Federal Reserve after economic data and comments from central bank officials.
Global stocks advanced on Wednesday along with U.S. Treasury yields, as minutes from the Federal Reserve's September meeting indicated more rate cuts, while investors awaited inflation data for further clues on the central bank's interest rate path.
* China's stimulus details disappoint, impacting global stocks. * U.S. inflation data and corporate earnings in focus. * U.S. Treasury yields rise on recalibrated Fed expectations. By Chuck Mikolajczak.
* U.S. 10-year yields hit new 10-week high. * U.S. two-year yields pull back from seven-week peaks. * U.S. yield curve steepens. * U.S. three-year note auction shows lackluster results. By Gertrude Chavez-Dreyfuss.
* China's stimulus details disappoint, impacting global stocks. * U.S. inflation data and corporate earnings in focus. * U.S. Treasury yields rise on recalibrated Fed expectations. By Chuck Mikolajczak. NEW YORK, Oct 8 - A gauge of global stocks was flat on Tuesday after details over China's stimulus disappointed as investor focus shifts to upcoming U.S. inflation data and corporate earnings.
* China's stimulus details disappoint, impacting global stocks. * U.S. inflation data and corporate earnings in focus. * U.S. Treasury yields rise on recalibrated Fed expectations. By Chuck Mikolajczak. NEW YORK, Oct 8 - A gauge of global stocks slipped on Tuesday after details over China's stimulus disappointed as investor focus shifts to upcoming U.S. inflation data and corporate earnings.
- The U.S. Federal Reserve is encouraging banks to count on its long-shunned cash backstops in a bid to support its monetary policy and financial stability goals. The Fed's discount window and the Standing Repo Facility are credit backstops where lenders can get cash against collateral such as Treasury bonds.
Euro zone government bond yields were mixed on Tuesday after four days of gains on the back of a sell-off in U.S. Treasuries driven by strong U.S. data. Bond yields move inversely with prices.
Japanese investors snapped up U.S. Treasuries in August and continued to sell French government debt against a backdrop of political uncertainty, data from Japan's ministry of finance showed on Tuesday. The August Treasuries purchases were a record amount, Commerzbank analysts said.
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, but the index remained in the ?Greed? zone on Monday. U.S. stocks settled lower on Monday, with the Dow Jones index dipping around 400 points during the session amid higher Treasury yields.
Euro zone government bond yields fell on Tuesday after rising for four straight sessions on the back of a selloff in U.S. Treasuries driven by strong U.S. data. Bond yields move inversely to prices.
- A look at the day ahead in Asian markets. A short-lived conviction that the Fed would stick to a dovish path evaporated after Friday's bet-busting payrolls number, with Treasury yields on Monday backing up above 4% and traders introducing a small chance that November might not yield a rate cut at all.
A look at the day ahead in Asian markets. A short-lived conviction that the Fed would stick to a dovish path evaporated after Friday's bet-busting payrolls number, with Treasury yields on Monday backing up above 4% and traders introducing a small chance that November might not yield a rate cut at all.
* U.S. two-year yield hits seven-week highs. * U.S. rate futures price in 12% odds of pause in November. * Investors brace for coupon auctions this week. * U.S. inflation back in focus. By Alden Bentley, Gertrude Chavez-Dreyfuss.
* CBOE Volatility index hits one-month high. * Pfizer (PFE) gains on report Starboard Value takes $1-billion stake. * Oil stocks track crude prices higher. * Indexes down: Dow 0.82%, S&P 500 0.59%, Nasdaq 0.56% By Sin?ad Carew and Lisa Pauline Mattackal. Oct 7 - U.S. stock indexes fell on Monday while Treasury yields rose, as traders tamped down bets for Federal Reserve interest-rate easing.
* Strong US jobs growth dampens recession worries. * 10-yr yield tops 4% for first time since early August. * Dollar eases after hitting seven-week high versus yen. By Chuck Mikolajczak. A gauge of global stocks slipped on Monday and U.S. Treasury yields climbed, with the benchmark 10-year note topping 4% as investors readjusted their views for the path of interest rates from the Federal Reserve.
The benchmark Treasury yield topped 4% for the first time in two months on Monday, and a widely watched section of the yield curve briefly inverted as markets bet against another jumbo U.S. rate cut after Friday's strong U.S. jobs report. The 10-year yield rose 4.3 basis points from late Friday to 4.024%, and hit its highest level since July 31 at 4.0290% in early trade.
* Strong US jobs growth dampens recession worries. * 10-yr yield tops 4% for first time since early August. * Dollar eases after hitting seven-week high versus yen. By Chuck Mikolajczak. A gauge of global stocks was little changed on Monday and U.S. Treasury yields climbed, with the benchmark 10-year note topping 4% as investors reassessed the path of interest rates from the Federal Reserve.
Wall Street's main indexes fell at the open on Monday, pressured by a rally in Treasury yields as investors dialed back bets on the scope of the Federal Reserve interest rate cuts this year.
The benchmark 10-year U.S. Treasury yield rose to 4% for the first time in two months on Monday, as markets bet against another jumbo rate cut from the Federal Reserve after Friday's strong U.S. jobs data pointed to a resilient economy. The 10-year yield was up 3 basis points at 4.008%, having risen as high as 4.014% in London trade.
A look at the day ahead in U.S. and global markets from Mike Dolan. With any thought of U.S. recession off the agenda after a monster September jobs report, doubts about the extent of further Federal Reserve easing have inevitably re-emerged - and now need a cool inflation report this week to keep in check.
A look at the day ahead in U.S. and global markets from Mike Dolan With any thought of U.S. recession off the agenda after a monster September jobs report, doubts about the extent of further Federal Reserve easing have inevitably re-emerged - and now need a cool inflation report this week to keep in check.
- U.S. stock indexes fell on Monday, pressured by rising Treasury yields as markets recalibrated expectations for the Federal Reserve rate cuts, while rising conflict in the Middle East kept traders on the sidelines. U.S. Treasury yields rallied as investors reassessed the Fed's rate path, with the yield on benchmark 10-year notes exceeding 4% for the first time in two months.
-Wall Street's three major indexes closed down around 1% on Monday while Treasury yields rose, as traders tamped down bets for Federal Reserve interest-rate easing and worried about the Middle East conflict's impact on oil prices.
U.S. exchange-traded funds that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal Reserve kicked off its rate cutting cycle last month, though a jump in U.S. Treasury yields could slow the deluge of investor funds.
-U.S. exchange-traded funds that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal Reserve kicked off its rate cutting cycle last month, though a jump in U.S. Treasury yields could slow the deluge of investor funds.
* Strong US jobs growth dispels worries of a recession. * Traders erase bets for a half-point November rate cut. * Dollar scales fresh seven-week high versus yen. * S&P500 futures down 0.3%, STOXX 600 down 0.2% * Brent up further 1% By Alun John and Kevin Buckland.
The benchmark 10-year U.S. Treasury yield rose to 4% for the first time in two months on Monday after Friday's strong U.S. jobs data pointed to a resilient economy, leaving markets betting against another jumbo rate cut from the Federal Reserve. The 10-year yield was up 1.5 basis points at 4%. It rose 13 bps on Friday, its biggest one-day rise since June 30.
A gauge of global stocks declined on Monday and U.S. Treasury yields climbed, with the benchmark 10-year note topping 4%, as investors readjusted their views for the path of interest rates from the Federal Reserve.
- U.S. exchange-traded funds that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal Reserve kicked off its rate cutting cycle last month, though a jump in U.S. Treasury yields could slow the deluge of investor funds.
U.S. exchange-traded funds that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal Reserve kicked off its rate cutting cycle last month, though a jump in U.S. Treasury yields could slow the deluge of investor funds.
Speculators' net bearish bets on U.S. 10-year Treasury note
futures rose to a record high in the week ended on Oct. 1, according to Commodity Futures
Trading Commission data released on Friday.
U.S. 10-year Treasury yields climbed to the highest in nearly two months on Friday after a stronger-than-expected September employment report further weakened the odds of big rate cuts at the Federal Reserve's remaining two meetings this year. Nonfarm payrolls increased by 254,000 jobs in September, according to the Labor Department's Friday employment report.
Speculators' net bearish bets on U.S. 10-year Treasury note futures rose to their biggest on record in the week ended on Oct. 1, according to Commodity Futures Trading Commission data released on Friday. Net short bets on the benchmark 10-year note futures rose to 1,143,889 contracts from 1,025,278 a week earlier, the data showed.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
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